Rare Foods Shareholder Power Shifts Notably

Rare Foods Australia Limited (AU:RFA) has released an update.

Rare Foods Australia Limited has seen a significant change in its substantial holder’s interest, with TIGA Trading Pty Ltd and associated entities increasing their voting power from 10.36% to 13.84%. The change, reported on April 18, 2024, involved the acquisition of over 16 million shares through a rights issue and other considerations. This substantial increase represents a notable shift in share distribution for the company.

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